Vanessa deposited money into a bank account that earned 1.25% simple interest each year. after 1/2 year, she had earned $5.00 in interest on the account. if no other money was deposited into or withdrawn from the account, how much was her initial deposit? i was just

The answer your looking for would be $800

Have a nice day

x = 2

step-by-step explanation:

if sr parallel to ba then the sides bc and ac are in proportion, that is

= ← substitute values

= ( cross- multiply )

27x = 6(4x + 1)

27x = 24x + 6 ( subtract 24x from both sides )

3x = 6 ( divide both sides by 3 )

x = 2

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of